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DeFi Scams 101: How to avoid the most common cryptocurrency frauds

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  • February 19, 2023

Cryptocurrency scams ruining DeFi enthusiasm As many crypto enthusiasts will state, decentralized finance (DeFi) represents a revolutionary next step in terms of finance. Such a new space can potentially offer users new ways to make money while contributing to a larger-than-life community-run purpose.  That said, DeFi’s innovations also come with some downsides. The industry is […]

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DeFi 2.0: A beginner’s guide to the second generation of DeFi protocols

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  • February 19, 2023

Decentralized finance 2.0 One of the most influential and successful waves of blockchain-based innovation has been decentralized finance or DeFi. DeFi refers to a broad spectrum of decentralized applications that disintermediate traditional financial services and unlock whole new economic primitives and is powered by blockchains with built-in smart contract capabilities and secure oracle networks like […]

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What are decentralized exchanges, and how do DEXs work?

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  • February 19, 2023

ecentralized exchanges, also known as DEXs, are peer-to-peer marketplaces where cryptocurrency traders make transactions directly without handing over management of their funds to an intermediary or custodian. These transactions are facilitated through the use of self-executing agreements written in code called smart contracts. DEXs were created to remove the requirement for any authority to oversee […]

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What are DApps? Everything there is to know about decentralized applications

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  • February 19, 2023

Decentralized applications, or DApps, are essentially blockchain-based smart contract-powered versions of apps popularized by the Ethereum network. They act just like traditional apps — a user shouldn’t even notice a difference — but provide much more in terms of a feature set.  DApps represent a new way of interacting with personal finance. When one thinks […]

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DeFi vs. CeFi: Comparing decentralized to centralized finance

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  • February 19, 2023

Decentralized vs centralized finance The traditional centralized finance (CeFi) ecosystem may appear mysterious to non-experts since customers are often unaware of the underlying rules or agreements that govern financial assets and goods.  Decentralized Finance (DeFi), on the other hand, is establishing its mark as an ecosystem that claims to provide transparency and control, thanks, in […]

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DeFi staking: A beginner’s guide to proof-of-stake (PoS) coins

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  • February 19, 2023

In 2020, staking emerged within the cryptocurrency space, introducing new opportunities as alternatives to the traditional financial markets’ instruments. The rise of decentralized finance (DeFi) materialized in 2020, but the concept dates back to the inception of Bitcoin, which sought to replace established intermediaries and trust mechanisms.  It signaled a new era for the crypto […]

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Decentralized finance: A beginner’s guide to earning passive income with DeFi

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  • February 19, 2023

Decentralized finance (DeFi) is a successful implementation of blockchain technology that serves as a promising alternative to traditional finance. As the name suggests, DeFi is a blanket term used for a variety of financial products and services that run on decentralized blockchains. DeFi applications (DApps) are built to eliminate the middleman in financial transactions, historically […]

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How to get started in DeFi: A guide on the first steps in decentralized finance

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  • February 19, 2023

Decentralized finance (DeFi) is a sector within the cryptocurrency industry focused on providing decentralized financial services. It consists of numerous financial services created by developers that anyone can access. These services differ from centralized alternatives, as they are run by groups of individuals through decentralized organizations and give users greater control over their funds. The […]

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What is DeFi? A beginner’s guide to decentralized finance

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  • February 19, 2023

What is DeFi (decentralized finance)? After Bitcoin’s launch in 2009, a robust industry blossomed, stemming from the asset, its concept and its underlying technology. The crypto and blockchain space boasts different niches in which projects and companies develop solutions for various use cases.  One such niche is the decentralized finance (DeFi) sector, which was created […]

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Is Bitcoin legal? A glimpse of BTC’s regulatory environment

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  • February 8, 2023

The legal status of Bitcoin Bitcoin’s (BTC) legality was always going to be a controversial conversation. How does a government approach a decentralized global digital asset that wasn’t meant to be controlled by a centralized party or an organization? A new form of currency that’s censorship-resistant and is community-focused? But, is Bitcoin regulated? As such, […]

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